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Soviet Era Coinage...Post 'em!!!
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<p>[QUOTE="cladking, post: 1532369, member: 68"]Yes. This is what I mean. There are Russian coins in poundage so they can't be all that scarce. We need to remember though that poundage is a sort of "consumable" because it is used for all sorts of purposes fromn play coins for children to scrap metal. People throw such coins in the garbage and I've even heard of buckets full being set on the curb for trash pickup. </p><p><br /></p><p>Also, while we see a lot of really nice old high grade coins this is probably atypical for the mintage. I don't know but it's likely the coins were heavily used in circulation and then melted. Soviet collectors were strongly discouraged from coin collecting at all and the few who did collect avoided Soviet coins and focused primarily on European and czarist coinage. </p><p><br /></p><p>This means few coins survive at all in Russia except heavily worn coins and there are no "old collections" hitting the aution block every day. </p><p><br /></p><p>If I were a buyer in any of these coins I'd be careful. But there are probably still lots of bargains that can be snapped up becausae these markets are in their infancy and no one really knows the common from the rare. One thing is sure; if these markets become mass markets even coins we consider "common" in XF could become valuable even in VG. Like most moderns it is paltry demand causing low prices rather than the coins being common.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1532369, member: 68"]Yes. This is what I mean. There are Russian coins in poundage so they can't be all that scarce. We need to remember though that poundage is a sort of "consumable" because it is used for all sorts of purposes fromn play coins for children to scrap metal. People throw such coins in the garbage and I've even heard of buckets full being set on the curb for trash pickup. Also, while we see a lot of really nice old high grade coins this is probably atypical for the mintage. I don't know but it's likely the coins were heavily used in circulation and then melted. Soviet collectors were strongly discouraged from coin collecting at all and the few who did collect avoided Soviet coins and focused primarily on European and czarist coinage. This means few coins survive at all in Russia except heavily worn coins and there are no "old collections" hitting the aution block every day. If I were a buyer in any of these coins I'd be careful. But there are probably still lots of bargains that can be snapped up becausae these markets are in their infancy and no one really knows the common from the rare. One thing is sure; if these markets become mass markets even coins we consider "common" in XF could become valuable even in VG. Like most moderns it is paltry demand causing low prices rather than the coins being common.[/QUOTE]
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Soviet Era Coinage...Post 'em!!!
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